AVA 4.55% 10.5¢ ava risk group limited

Even if they take no equity in the power station they should be...

  1. 269 Posts.
    Even if they take no equity in the power station they should be able to sell the coal under contract at at least $20US tonne profit. At 3 million tonne /year (extremely conservative, could be heaps higher, that would make them $60 mill per annum or a PE of 1.5X. That ignores any profit from the Australian operations. In short they should be able to easily make their current market cap each year or a lot more and have a mine life of 20 years here and 200 years there!!
 
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